Solved

The Famous Phrase "Invisible Hand" Refers to

Question 20

Multiple Choice

The famous phrase "invisible hand" refers to


A) the cyclical nature of a capitalist society, in which the money that people earn through labor is funneled back into society through the consumption of goods.
B) Smith's concept that everyone seeks out their own interests, thus fueling the capitalist regime through their own selfishness.
C) Smith's concept that everyone seeks out their own interests, with the net result that everyone's needs are met.
D) humans inextricable links to one another and most people's inability to function without a connection to another person.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions